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The Communication Services Select Sector SPDR Fund (NY: XLC )

100.03 +0.52 (+0.52%)
Streaming Delayed Price Updated: 12:08 PM EST, Jan 24, 2025 Add to My Watchlist
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Headline News about The Communication Services Select Sector SPDR Fund

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What's Going On With Meta Platforms Shares On Thursday?
Meta Platforms is in talks to acquire a 5% stake in EssilorLuxottica, valued at about 4.5 billion euros ($5 billion). 
Via Benzinga
Warner Bros Discovery Shares Are Surging Thursday As CEO Considers Asset Sales, Spinoff
Warner Bros Discovery shares rose after reports of a possible restructuring to bolster its dismal outlook and stock price. 
Via Benzinga
Google To Reportedly Acquire Wiz: ETFs In Focus
According to a report from the Wall Street Journal, Google’s parent company Alphabet is reportedly in talks to acquire cyber security startup Wiz for $23 billion. The potential deal has put ETFs with a... 
Via Talk Markets
Topics ETFs
Google's Potential $23B Wiz Acquisition Set To Enhance Cloud Security
Alphabet Inc. (NASDAQ: GOOGL) is in advanced negotiations to acquire cloud security firm Wiz for up to $23 billion. This acquisition would enhance Google's cloud security offerings, allowing it to... 
Via Benzinga
S&P 500 Prints New Record Highs Ahead Of Powell Speech; Russell 2000 Rally Continues, Trump Stocks Spike: What's Driving Markets Monday?
The U.S. stock market, represented by the index of the 500 largest companies by market capitalization, jumped to new all-time highs at the start of the week, as investors eagerly await Fed Chair Jerome... 
Via Benzinga
Topics Economy Government Stocks
Exposures Interest Rates Political US Equities
Weekly Market Pulse: The Soft Landing Zone
The Consumer Price Index actually fell in June by 0.1% but the year over year change was still 3%, a full percent higher than the Fed’s target. 
Via Talk Markets
Topics Economy
Exposures Interest Rates
Dow Reaches Record Highs Above 40,000, Small Caps Ride The Rate-Cut Wave, EV Stocks Rally: What's Driving Markets Friday?
It’s another memorable day for the stock market, as the blue-chip Dow Jones Industrial Average Index reaches new record highs, surpassing the 40,000-mark milestone and breaking the previous peak set in... 
Via Benzinga
Topics Stocks
Exposures US Equities
Dovish Not Dovish
S&P 500 was slowly crawling higher premarket again, but turned disappointed over Powell testimony – and Russell 2000 even more. Not that he would bring up rate hikes, but didn‘t commit to rate cuts... 
Via Talk Markets
Topics Stocks
Exposures US Equities
Stocks Are Breaking Down Beneath The Surface
Stocks and sectors are showing real signs of weakness despite the headline indexes going higher. 
Via Talk Markets
S&P 500 Hits Record Highs, Eyes 6th Straight Gain As Powell Keeps Bears At Bay; Tesla Targets 10th Consecutive Win, Bank Stocks Rally: What's Driving Markets Tuesday?
The S&P 500 index climbed to new all-time highs, rising 0.3% during Tuesday’s session, aiming for a potential sixth consecutive positive close and remaining resilient after Fed Chair Jerome Powell‘s... 
Via Benzinga
Topics Economy Stocks
Exposures Interest Rates US Equities
Stocks Hold Steady, Small Caps Rise, French Equities Slip After Surprise Win By Left-Wing Bloc: What's Driving Markets Monday?
U.S. stocks started the week on a neutral note, with the S&P 500 and Nasdaq 100 indices hovering around the flatline by midday trading in New York. This comes after both indices reached fresh record... 
Via Benzinga
How Developing Traders Are Most Likely To Succeed
Just as important as how to trade is knowing what to trade. Because the stock market is so diverse, with so many sectors and companies, developing traders are most likely to succeed by focusing their... 
Via Talk Markets
Magnificent 7 Stocks Propel S&P 500, Nasdaq 100 To Record Highs As Jobs Data Fuels Rate Cut Bets; Gold Miners Rally: What's Driving Markets Friday?
S&P 500 and Nasdaq 100 indices surged to new all-time highs on Friday, driven primarily by a rally in Magnificent Seven stocks, which collectively reached a market capitalization exceeding $16... 
Via Benzinga
Topics Stocks
Exposures US Equities
Meta Platforms Stock Hits All Time High On Friday - What's Going On?
Meta's stock hits 52-week high as it invests in AI. Releases pre-trained models using multi-token prediction method. Plans to incorporate generative AI in metaverse games. Threads has 175M monthly... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Green Dreams vs. AI Reality: Google's Emissions Soar Amid Tech Expansion
Alphabet Iowned Google saw a nearly 50% surge in emissions over the past five years due to AI integration, challenging its 2030 carbon elimination goal. Google's 2023 emissions reached 14.3 million... 
Via Benzinga
Topics Artificial Intelligence Emissions
Exposures Artificial Intelligence
Time To Cash Out? Analyst Recommends Tapping Into Meta As Prime Funding Source
Laura Martin of Needham reiterated Underperform rating on Meta Platforms, citing concerns from discussions with former employees and a social media ad agency CEO. The analyst notes that generative AI... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Tech Sector Lags Communication Services Despite Super Micro, Nvidia Surge
The SPDR Select Sector Fund - Technology didn't outpace the Communication Services Select Sector SPDR Fund ETF. 
Via Benzinga
Google And CME Group Partner For Cloud-Based Futures Trading
Alphabet Inc. and CME Group Inc. are set to revolutionize futures and options trading by developing a new cloud-computing network in Aurora, Illinois. This partnership aims to enhance trading speeds... 
Via Benzinga
Semiconductor, Nvidia Woes Deepen; Nasdaq 100 Slips, Dow Rallies; Bitcoin Sinks To $60,400: What's Driving Markets Monday?
Wall Street faces a continuation of last week’s trend during Monday’s morning trading, with semiconductor stocks selling off heavily and dragging down the tech sector, while the broader market remains... 
Via Benzinga
Topics Stocks
Exposures US Equities
Stocks Stall As Chip Sector Struggles To Rebound; Dollar Eyes 7-Week Peak, Gold, Bitcoin Retreat: What's Driving Markets Friday?
Wall Street is experiencing a subdued and low volatility trading day Friday, despite the session coinciding with the “triple witching” day, with over $5.1 trillion of notional options exposure... 
Via Benzinga
Tech: Yes, The Best Players Are Scoring A Lot Of Points - And That's Normal
It's not a bad thing for America, Americans, or the American stock market that the largest companies in the country are going up in price. The best players are scoring a lot of points. That's perfectly... 
Via Talk Markets
Ireland's Regulation Dampens Meta's AI Ambitions In Europe
Meta Platforms postpones the European launch of its AI assistant due to data privacy concerns raised by the Irish Data Protection Commission, after advocacy group NOYB called for regulatory scrutiny... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Nasdaq 100, S&P 500 Close At Record Highs As Tech Stocks Reclaim Dominance: Thursday's Gainers & Losers
The Nasdaq 100 index posted its fourth consecutive session in the green on Thursday, closing at 19,576 points and reaching all-time highs. 
Via Benzinga
Topics Stocks
Exposures US Equities
One-Two Punch for T-Mobile: Secures DoD Contract & Uber Deal
T-Mobile selected by U.S. Navy for $2.67 billion contract for wireless solutions. Partnership with Uber allows expansion of interactive screens in rideshare vehicles. 
Via Benzinga
Most US Equity Sectors Are Up This Year—With Two Exceptions
The US stock market’s strong year-to-date gain so far in 2024 has enjoyed wide support among equity sectors. 
Via Talk Markets
Healthcare And Biotech Investing: Breakthroughs In The Treatment Of Cancer At ASCO
Healthcare stocks underperformed YTD because of weakness in UNH and strength in Technology and Communication Services. 
Via Talk Markets
Paramount's Parent Attracts Bids from Bronfman Jr and Steven Paul
Paramount Global's National Amusements, controlled by Shari Redstone, is attracting interest from former exec Edgar Bronfman Jr. and Hollywood producer Steven Paul, as it faces challenges and potential... 
Via Benzinga
Meta To Use European Social Media Data For AI Training: Report
Meta Platforms reportedly plans to use public social media content from Europe to train its AI models. This move aligns its data policies in Europe with other regions. Meta aims to employ publicly... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Meta Introduces AI-Powered Ad Targeting On WhatsApp: Report
Meta Platforms Inc. has launched its first AI-powered ad targeting program for businesses on WhatsApp, marking a significant shift for the messaging service known for its privacy. 
Via Benzinga
Mark Zuckerberg's Meta Withheld Key Details In Instagram And WhatsApp Acquisitions, FTC Claims
Meta Platforms Inc (NASDAQ ) is accused of withholding critical information during the reviews of its Instagram and WhatsApp acquisitions, according to a recent FTC court filing. The FTC claims Meta's... 
Via Benzinga
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